Via Business Week (which I don’t normally read), “For-Profit Colleges: Scooping Up the Stimulus.” Here’s a quote from the opening:
President Barack Obama’s stimulus package directs billions in new funding to higher education. Poised to cash in on the largesse are a group of large for-profit universities that specialize in scooping up student aid dollars. Some of the schools, known for aggressive recruiting, are increasing advertising and seeing enrollments rise.
But are these education businesses appropriate beneficiaries of fresh taxpayer generosity? For years skeptics have raised questions about the schools’ marketing tactics, graduation rates, and quality of education
I’m still unclear as to what is going to happen (or not happen) to EMU as far as the budget goes. I thought we were going to get spared because of the way the stimulus money was going to work, but then I thought I heard a radio news item just the other day about how the governor still wants to cut 3% from higher ed. Maybe I misheard that….
